The hotel, which is scheduled to open in late 2015, will also include a 150-seat restaurant, lobby bar and second-level pool deck with direct access to the fountains at Waterway Square.

"There is a tremendous demand for signature hotels in The Woodlands, and we are pleased to welcome the renowned Westin brand," Paul Layne, executive vice president of master-planned communities for The Howard Hughes Corp., said in a statement. "The Westin, The Woodlands will be a great place to stay in Waterway Square, a regional destination with multiple water features, shopping, dining and entertainment options for locals and visitors alike."

It will be the fifth Westin Hotel for the Houston area, with two in The Galleria (The Westin Oaks and Westin Galleria), one downtown (the Inn on the Ballpark was rebranded as the Westin Houston Downtown) and in Memorial (the Westin Memorial City).

Among other national names, a new Hyatt Place Hotel recently opened in the Woodlands area, a new Nordstrom is debuting at the Woodlands Mall in early September such hip national retailers like Kate Spade, Tumi, Trina Turk, Kiehl's and True Religion have recently opened in the area.